Preoperative expenses

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I have "not writtenoff preoperative expenses Rs.97000/- "  sitting in the asset side from long back in my  balance sheet. Can I writeoff such whole amount this year making this year's profit as nil and file income tax return as nil profit- will Assessing officer accept this or will he add back this amount and ask me to pay any incometax -pls suggest

Replies (1)

such expenses are to be written off in 10 yearly installments.


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